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Globe Specialty Metals: Q4 Earnings Snapshot

Globe Specialty Metals: Q4 Earnings Snapshot

By AP News
Published - Feb 22, 2023, 06:36 PM ET
Last Updated - Jun 22, 2023, 08:11 PM EDT

LONDON (AP) — LONDON (AP) — Globe Specialty Metals Inc. (GSM) on Wednesday reported fourth-quarter net income of $25.3 million.

The London-based company said it had profit of 13 cents per share. Earnings, adjusted for non-recurring costs, were 42 cents per share.

The producer of silicon metal and silicon-based alloys posted revenue of $448.6 million in the period.

For the year, the company reported net income of $459.5 million, or $2.43 per share, swinging to a profit in the period. Revenue was reported as $2.6 billion.

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